24 November 2010: Torotrak plc (FTSE: TRK.L) has received recognition from the Investor Relations Society at its annual Best Practice Awards. Competing against FTSE 100 companies,
Torotrak came top in the “most improved annual report” category.
The Investor Relation Society praised Torotrak’s ability to present its financial operations in a way that was readily accessible to investors, noting that the advances that the company had made in its investor relations with a modest budget. Presenting the award, Angela Rippon OBE said: “Torotrak has excelled this year in the way that it explains its business to investors, helping them to understand the business and its technology’s environmental benefits better.”
Torotrak’s finance director, Jeremy Deering, accepted the award, commenting: “To receive such an endorsement of Torotrak’s work from investment professionals is an honour. For a small company with limited resources to be sharing a stage with some of the biggest names in UK industry is very encouraging and I am thrilled to accept this award that recognises the professionalism of our investor relations.”
Around 115 companies were named as finalists for the industry awards, many of them household names, FTSE100 or FTSE250 companies. Among the companies shortlisted for awards were major organisations such as Adidas, Marks and Spencer, BASF and 3i Group.
Torotrak’s achievement is the result of our close-knit team working together with our external partners to find smart ways of conveying our evolution and confidence. Torotrak wishes to thank the wider team for its contribution, specifically Imprima and Market Engineering, both leading experts in financial and commercial communications, and Sid Madge of Mad Hen for his creative input.
The Investor Relations Society. The Investor Relations Society exists to promote best practice in investor relations, helping public companies to develop effective two way communication with the markets and create a level playing field for all investors. It has almost 600 members drawn from public companies and IR agencies from the UK and overseas, including the majority of the FTSE 100 and much of the FTSE 250.